Kanza Announces Equity Retirement
Jun 05, 2026
We are excited to announce that the Kanza Cooperative Association Board of Directors has approved $1.4 million equity retirement. This retirement will be a partial redemption of the equity allocation from FY2013.
“The board is constantly balancing the long term stability of the cooperative with a desire to get savings paid back to the membership,” says Kanza CEO Alan Woodard. “The board has confidence in their conservative approach through the past few years of drought and market volatility, this has prompted them to approve this retirement of equity.”
Members with eligible equity in this retirement will receive payment in July.
Equity Retirement Facts
What equity is being retired?
The oldest equity will be retired first. Currently, Kanza’s oldest equity is from 2013. This retirement will only be a part of that year’s equity. Remaining balances from that year will be next in line when a future retirement occurs.
Who will receive a payment?
Kanza members who have equity in their name from the year 2013 and have met the total base capital requirement of $2,500 will be eligible for a payment from this allocation.
What is base capital?
Base capital is a member’s long-term investment in the cooperative. As equity allocations are made to a new membership account, base capital is built. Once a member reaches $2,500, future equity allocations become eligible for retirement.
“The board is constantly balancing the long term stability of the cooperative with a desire to get savings paid back to the membership,” says Kanza CEO Alan Woodard. “The board has confidence in their conservative approach through the past few years of drought and market volatility, this has prompted them to approve this retirement of equity.”
Members with eligible equity in this retirement will receive payment in July.
Equity Retirement Facts
What equity is being retired?
The oldest equity will be retired first. Currently, Kanza’s oldest equity is from 2013. This retirement will only be a part of that year’s equity. Remaining balances from that year will be next in line when a future retirement occurs.
Who will receive a payment?
Kanza members who have equity in their name from the year 2013 and have met the total base capital requirement of $2,500 will be eligible for a payment from this allocation.
What is base capital?
Base capital is a member’s long-term investment in the cooperative. As equity allocations are made to a new membership account, base capital is built. Once a member reaches $2,500, future equity allocations become eligible for retirement.